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F&O total turnover stood at Rs 7,69,990.23 crore on October 05

Futures & Options (F&O) total turnover stood at Rs 7,69,990.23 crore on October 05 and the total number of contracts traded on the day were 89,69,939. Of the total turnover, Index Futures contributed Rs 38,989.95 crore, Stock Futures Rs 64,077.79 crore and Index Options Rs 6,23,690.45 crore, while the contribution of ... Read More »

Thomas Cook gets nod to acquire 24% stake in TravelJunkie Solutions

Thomas Cook (India) has received an approval for acquisition of a 24% strategic stake in TravelJunkie Solutions, a Mumbai based travel tech start-up via its wholly owned subsidiary TC Tours. TravelJunkie Solutions developed Ithaka – a chat-based mobile application serving FIT (Free Individual Travellers) customers by recommending authentic local experiences ... Read More »

Maruti Suzuki launches new WagonR Limited Edition

Maruti Suzuki has launched new WagonR Limited Edition. To add freshness and cater to the changing taste of ever evolving WagonR buyers, the company has embellished the spacious WagonR Limited Edition with delightful new features and stylish interiors. WagonR Limited Edition comes packed with a wide array of enhanced features ... Read More »

SpiceJet operates first direct commercial flight to Pakyong airport

SpiceJet has operated the first direct commercial flight to Pakyong airport from Kolkata. The airline will operate direct flights on the Kolkata-Pakyong-Kolkata route daily under the Centre’s regional connectivity scheme UDAN. The airline has deployed a 78-seater Bombardier Q-400 aircraft on the route. From October 16, the airline will launch ... Read More »

Infosys’ arm launches ‘AssistEdge Community Edition’

Infosys’ subsidiary — EdgeVerve Systems has launched the ‘AssistEdge Community Edition’ – a free version of its flagship AssistEdge automation platform. The AssistEdge Community Edition is designed for Robotic Process Automation (RPA) enthusiasts such as students, independent developers, Independent Software Vendors (ISVs) and enterprise users to self-learn automation and join ... Read More »

Just In: RBI keeps repo rate unchanged at 6.50%

The Reserve Bank of India (RBI), surprising the street expectation of at least a quarter percentage rate hike in its fourth bi-monthly policy announcement, has kept repo rate unchanged at 6.50%. Consequently, the reverse repo rate under the LAF stood at 6.25%, and the marginal standing facility (MSF) rate and ... Read More »

Asian Oilfield incorporates WOS company

Asian Oilfield Services has incorporated a Wholly Owned Subsidiary (WOS) namely ‘AOSL Energy Services’ registered with Registrar of Companies, Maharashtra, Mumbai. The company has incorporated the WOS to expand the existing line of business activities. Asian Oilfield Services provides range of services to reputed national and multinational companies. The company ... Read More »

DFM Foods commences commercial production at Ghaziabad factory

DFM Foods has completed the modernization and upgradation of its first extrusion line at the Ghaziabad factory and commenced commercial production. With this, the total capacity of the company has increased from 35308 MT per annum to 39400 MT per annum. DFM Foods is engaged in the business of manufacturing, ... Read More »

Power Mech Projects bags orders worth Rs 530 crore

Power Mech Projects has received Letter of Intent/Work Orders worth Rs 530 crore. The company has bagged maiden contract in Railway Electrification Segment for Design, Supply, Testing and Commissioning of 25 KV, 50 HZ, Single phase, AC Electrification including OHE, TSS, Civil and Signal & Telecom (S&T) as Composite Electrification ... Read More »